Aventon starts two Central Florida apartment projects in 2026

16 hours ago
By AI, Created 13:15 UTC, Aug 26, 2026, AGP -

Aventon Companies has broken ground on two apartment communities in Central Florida this year, adding more than 650 homes to its pipeline as many Florida multifamily projects stall. The company says the work shows it can still secure land, win approvals and move projects into construction in a tougher capital market.

Why it matters: - Aventon’s two Central Florida groundbreakings show the company can still turn deals into construction while capital conditions slow multifamily development across Florida. - More than 650 apartment homes are now in active development, adding near-term supply in the greater Tampa and Orlando markets. - The pace matters because it suggests Aventon can keep expanding even as many peers struggle to close transactions and launch projects.

What happened: - Aventon Companies broke ground on two new apartment communities in Central Florida in 2026. - The projects bring more than 650 new apartment homes into active development. - Tom Suminski, Senior Managing Director at Aventon Companies, said the company has continued to acquire land, secure approvals, capitalize developments and begin construction despite a difficult market.

The details: - Aventon says the projects reflect more than access to capital and also depend on navigating entitlement, local partnerships and execution. - The company’s growth in the greater Tampa and Orlando regions has been supported by relationships with land use attorneys, engineers, consultants, contractors and subcontractors. - Aventon says those partners understand the market and share its focus on thoughtful, high-quality development. - Aventon also cites collaboration with county staff and elected officials as part of the approval process. - Both recent land sites were acquired from families that had owned the properties for generations. - Aventon says it built trust early, communicated transparently and honored commitments throughout each transaction. - The company says that approach helped it navigate the complexity of each land deal while building lasting relationships with the families involved. - Aventon is a vertically integrated multifamily real estate company that acquires, develops, constructs and asset manages communities across Florida, Georgia, the Carolinas and the Mid-Atlantic. - The company has regional offices in West Palm Beach, Orlando, Atlanta, Charlotte, Raleigh and Bethesda. - Aventon says its operating model covers each stage of the development lifecycle to create communities and deliver long-term value for residents, partners and investors.

Between the lines: - Aventon is signaling that relationship-driven land assembly and local entitlement work are now a competitive advantage, not just a back-office function. - The company is also positioning itself as flexible on product type, not just apartments, as it looks at build-to-rent single-family communities and for-sale townhome sites. - Suminski framed the recent activity as a proof point that execution matters more now than ever in a constrained market.

What's next: - Aventon says it will continue seeking multifamily development opportunities across Florida. - The company is also pursuing sites for build-to-rent single-family communities and for-sale townhomes. - Aventon expects to keep partnering with brokers, landowners and community leaders on future residential projects. - More information is available in Aventon Companies.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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